You had a part time job that paid you $950 in one tax year. Do you have to file a
federal tax return?
OA. Yes.
OB. No.
O C. Yes. But my parents are responsible for filing it for me.
No. But if I am claimed on my parents tax return then I am required to file
OD
one.

Answers

Answer 1
Yes, you do have to file a tax return
Answer 2

Yes, a payment of $950 will attract federal tax in one year. Thus, Option A is the correct choice.

What exactly is taxation?

Taxation is the process by which the legislature of a state levy taxes in order to compel proportional contributions from its subjects for public purposes.

Taxation is a method by which the state distributes its costs or burden to those who benefit from its spending.

Thus, Yes, a payment of $950 will attract federal tax in one year. Thus, Option A is the correct choice.

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Related Questions

Q 9.22: Aledo Manufacturing utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On January 2nd, 2017, the company purchased a semi-truck for $215,000 with a useful life of ten years and an estimated salvage value of $23,000. On January 1st, 2022, the company decides to extend the useful life to twelve years while decreasing the estimated salvage value to $21,000. What amount will Aledo report as depreciation expense for the year ended December 31st, 2022

Answers

Answer:

$3,000

Explanation:

The depreciation expense for the year ended December 31st, 2022 is $3,000

Which parts of the electric circuit considered as fuse​

Answers

Answer:

conducts

Explanation:

a fuse consists of a metal strip of wire fuse element, of small cross-section compared to the circuit conductors, mounted between a pair of electrical terminals,and (usually) enclosed by a non-combustible housing. The fuse is arranged in series to carry all the current passing through the protected circuit.

Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.

Answers

Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.

Explanation:

hope this helps.

The roommate should not be correct.

What is insurance?

Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.

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What is Seth Godin’s overall message to companies?

Answers

Answer:

Don't put all your money into marketing. Focus on those people who are passionate about your product and figure out what people want and focus on them.

(coursehero.com)

Compensatory damages received on account of physical personal injury or physical sickness can be excluded from gross income. b. A payment for damaged or destroyed property is treated as an amount received in a sale or exchange of the property. c. Compensatory damages awarded on account of emotional distress cannot be excluded. d. Punitive damages are excluded from gross income. e. Compensatory damages received for age discrimination or injury to one's reputation cannot be excluded.

Answers

Answer:

a. True.

b. True.

c. True.

d. False.

e. True.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

The following are considered when filing for tax;

a. True: compensatory damages received on account of physical personal injury or physical sickness can be excluded from gross income.

b. True: a payment for damaged or destroyed property is treated as an amount received in a sale or exchange of the property.

c. True: compensatory damages awarded on account of emotional distress cannot be excluded.

d. False: punitive damages are excluded from gross income. All punitive damages incurred by a business or an individual are to be included as part of gross income.

e. True: compensatory damages received for age discrimination or injury to one's reputation cannot be excluded.

How can sports marketers cater to their female fan base without resorting to stereotypes and
overgeneralizations?

Answers

The guy above me is a scam to get your ip don’t look it up!!!

Rule of 72 Simple formula. big rewards. A number of different types of investment options are listed in the first column in the chart below.

Answers

Answer:

b

Explanation:

the dog is fat

Gareth is the owner of a popular car wash facility. He has a small cafe set up beside the facility where customers can have a quick snack while waiting for their vehicles. Also, he ensures that each and every customer gets the best service in town. Customers do not mind paying extra because of these reasons. In fact, Gareth noticed that in the last 6 months, he has received several new customers who were previously engaged with his competitors. In the context of the components of resource-based analysis, Gareth's product or service is _____.

Answers

Answer:

Valuable

Explanation:

Resource based analysis is a method that managers used to determine resources that are vital to achievement of a competitive edge in a given business environment.

The resources that efficiently brings in new customers and retains old one is considered to be valuable.

In the given scenario Gareth's service is valuable because he ensures that each and every customer gets the best service in town, and he noticed that in the last 6 months, he has received several new customers who were previously engaged with his competitors

The ABC Company borrows money to expand their funiture plant. Which of the following statements are very likely true? (Select all that apply) This loan is secured by the value of the plant. This is a short-term capital investment. The loan is made based on forecasted future returns from the investment. This loan is secured by other business assets.​

Answers

Answer:

I. This loan is secured by the value of the plant.

II. This loan is secured by other business assets.

III. The loan is made based on forecasted future returns from the investment.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

In this scenario, the ABC Company borrows money to expand their funiture plant. Thus, the following statements are very likely true;

I. This loan is secured by the value of the plant as a collateral incase the company defaults in the timely repayment of the loan.

II. This loan is secured by other business assets as a collateral incase the company defaults in the timely repayment of the loan.

III. The loan is made based on forecasted future returns from the investment. This is the basis on which debts such as loans are serviced.

Soltura Products Inc. has a training program for its customer service representatives that tests trainees' abilities to interact with customers through role-playing exercises. Every time a trainee enacts a situation, he or she receives instantaneous feedback about the task and a specific type of reinforcement to either encourage or criticize their responses during the enactment. In the context of instructional strategies, this is most likely an example of _____. a. overlearning b. immediate confirmation c. behavior modeling d. active practice

Answers

Answer:

b. immediate confirmation

Explanation:

Training can be defined as a learning process which typically involves teaching an individual or group of people skills that are relevant to their job position or roles in an organization.

This ultimately implies that, the main purpose of a training is to improve an employee's performance in his or her place of work.

Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior. Thus, the outcome depends on the response in operant conditioning.

A reinforcement of a desired behavior involves the process of strengthening a positive behavior being exhibited by an individual through the use of stimulus. Therefore, making the behavior to be exhibited in the future by the individual.

Basically, by reinforcing desired behaviors with rewards, parents, teachers and leaders can help people in building positive norms.

In this scenario, Soltura Products Inc. has a training program for its customer service representatives that tests trainees' abilities to interact with customers through role-playing exercises. Every time a trainee enacts a situation, he or she receives instantaneous feedback about the task and a specific type of reinforcement to either encourage or criticize their responses during the enactment. In the context of instructional strategies, this is most likely an example of immediate confirmation because the feedback that the trainee receives is instantaneous.

Which statements describe a Treble Clef correctly? Pick Two
Treble Clef is your right hand.
Treble Clef is your left hand.
Treble Clef sounds higher.
Treble Clef sounds lower.

Answers

Answer: c and a

Explanation:

On January 1, Andrea reviews her investment portfolio and finds out that she has had a very profitable year. To offset some of her gains, Andrea sells 100 shares of Big Bear Corporation for $10,000. She purchased those shares for $15,000 two years earlier. On January 25 of the same year, Andrea reads a newspaper article indicating that the price of Big Bear Corporation is expected to increase substantially. Second-guessing the wisdom of selling her previous shares of Big Bear stock, she purchases 100 shares of Big Bear Corporation for $8,000. What are the tax consequences to Andrea this year

Answers

Answer:

$5,000 realized, but not recognized loss

Explanation:

Based on the above information given we were told that two years earlier She purchased some shares for the amount of $15,000 in which in order for her to offset few of her gains she sells those 100 shares of Bear Corporation for the amount of $10,000 making her to REALIZED the amount of $5,000 ($15,000-$10,000) reason been that a loss will be realized instantly in a situation were an assets is sold out for a loss.

Therefore the tax consequences to Andrea this year will be the amount of $5,000 Realized, but not recognized loss.

What is a target market?

Question 9 options:

company’s share of the total market


A business-to-business market


A group of people who have enough money to buy a product


A group with specific characteristic who are most likely to become customers

Answers

Answer:

If am not mistaken it should be D- A group with specific characteristic who are most likely to become customers

Here’s Some VERY Helpful Business Advice

Answers

Answer:

haha there we go thx

Answer to meme: BAHAHAHA!!!

What effects does scarcity of economic resources have on choices?

Answers

When economic resources are scarce, there’s going to be few choices to choose from.

Imagine you are the dining room manager of a restaurant. You are responsible for
creating a set of sanitation rules to be followed by the staff.

The sanitation rules should cover the following aspects:
Service sanitation rules
Personal hygiene and attire rules
Side work rules

Answers

I would say always wash your hands before handling any food, wear gloves at all times, have a clean uniform each day. Please mark brainliest :))

Money Management Assessment
Australians have the world's second-largest household debts. We know it, we worry about
it
, and there is increasing evidence it is changing our way of life. Ninety per cent of the
nearly 55,000 respondents to the ABC's Australia Talks National Survey rated household
debt as a problem for
the nation. On an individual level, 37 per cent are struggling to pay off
their own debts, with almost half of millennials reporting that debt is a problem for them
personally. https://www.abc.net.au/news/2019-10-18/household-debt-leaves-australians-
working-longer-spending-less/11608016
From what you have been taught this term on money management you need to write a response on
how Australians can turn their personal debt around and start to build wealth. In your response to
achieve above the standard you need to cover all of the key vocab: Debt, Savings, Loans, Banks,
Credit, Needs, Wants, Assets, Liabilities, Interest.

Answers

Answer: What are we suppose to answer where is the question

Explanation:

Doing something without being told; willingness to get things done and taking responsibility; taking action when necessary is called initiative
True
False

Answers

Answer:

dhhdhshsjshshsjjjjjj

Explanation:

hdhsbsbsbhshshs

Answer:

True because Someone who takes charge and solves problems without being asked to is demonstrating initiative.

Explanation:

Which of the following are automatically withheld from paychecks?

Answers

Taxes are automatically withdrawn from paychecks.

two document uesd in home trade

Answers


Documents used in Home Trade
Enquiry Letter Making an enquiry.
Reply Letter.
Order Letter Ordering goods.
Acknowledgement Letter.
Invoice Invoice.
Receipt of goods.
hope this helps!! <3

Xuechen graduated from culinary school at the top of her class, and signed an employment contract to work as a chef for one of Chicago's best restaurants for a period of three years. Additionally, Xuechen signed a non-competition agreement that stated she agreed not work as a chef for any other restaurant in the Chicago city area for a period of five years. Shortly after she began working, Xuechen left her employer to work as a manager at another Chicago restaurant. Has Xuechen breached either of the contracts she signed

Answers

Answer: Yes, the employment contract has been breached, but the non-competition agreement has not been breached.

Explanation:

The options are:

a. Yes, the employment contract has been breached, but the non-competition agreement has not been breached.

b. No, the employment contract has not been breached, but the non-competition agreement has been breached.

c. Yes, both contracts have been breached.

Based on the information given in the question, we can state that the employment contract has been breached. This is because Xuechen signed an employment contract to work as a chef for one of Chicago's best restaurants for a period of three years but she left shortly to work as a manager at another Chicago restaurant. On the other hand, the non-competition agreement has not been breached.

Which of the following is a sign of a strong economy?

Answers

Answer: Here are a few signs:

Explanation: There is much to sell and the buissness is booming. The country/state/area is able to get the food and water and etc for their country and have a lot of money.

Would you consider an entrepreneur a consumer or producer? Explain your answer.

Answers

a producer, its defined as somone who organizes and operates a buisness or buisnesses, they produce more costumers for whatever they are entreprenuering

Which of these is a critical interaction in the hotel industry?
A.
a breakfast order through room service
B.
a first glimpse of the hotel
C.
a swim at the hotel pool
D.
a visit to the hotel boutique

Answers

Answer: B
hope this helps :)

Why did the Great Depression of 1928 affect people from almost all parts of the world?
A.
The world economy by this time was quite dependent on global trade.
B.
People who lost their jobs in the United States moved to Asia for jobs.
C.
Sharp rise in price of goods in the United States led to an increase in imports.
D.
Trade routes between the United States and Asia were temporarily closed down.
E.
The United States stopped exporting goods to Europe.correct answer is SHAPES
i just took the quiz

Answers

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

In conclusion, the Great Depression of 1928 affect people from almost all parts of the world because sharp rise in price of goods in the United States led to an increase in imports.

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

Hope this help

MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.

a) true

b) false

Answers

Answer:

True

Explanation:

It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally

what important technology has done the most

Answers

The answer is Wireless networks

List 20 items in your home that are made of fabrics and fibers plzzzzzzzzzz i need help

Answers

clothing, furniture, blankets, bags, pillow cases, mattresses, sewing fabric, bed skirts, comforters, curtains, drapes, mattress cover, oven mitts, pencil pouches, towels, sheets, pencil pouch, lunch box, hair bands

You need a new computer, and you will need a loan in order to buy one. Which lender is most likely to charge you the highest interest rate on your loan?


A. finance company

B. savings and loan association

C. credit union

D. savings bank

Answers

i would say B or D
hope this helps!! <3

Savings and loan association is the lender is most likely to charge you the highest interest rate on your loan. Hence, option B is correct.

What is the main purpose of a savings and loan association?

Building Societies or Savings and Loan Associations perform the same fundamental duties by gathering funds from the general public and using those savings to fund mortgage loans for residential real estate.

The S&L crisis may have caused the banking sector to collapse with the greatest degree since the Great Depression. By 1989, more than 1,000 S&Ls had failed nationwide, thus destroying one of the most reliable sources of house mortgages.

In that they provide many of the same services, including banking and mortgage financing, savings and loan associations function similarly to banks and credit unions. Savings and loan organizations, however, prioritize savings and mortgages more.

Thus, option B is correct.

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An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The discount rate is 11 percent. a. What is the discounted payback period for these cash flows if the initial cost is $5,200? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the discounted payback period for these cash flows if the initial cost is $6,400? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the discounted payback period for these cash flows if the initial cost is $10,400? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Cash flows:

Cf1= $2,800

Cf2= $3,700

Cf3= $5,100

Cf4= $4,300

Discount rate= 11%

The payback period is the time required to cover the initial investment. We need to use the following formula on each cash flow:

PV= Cf / (1+d)^n

d= discount rate

A) Initial investment= $5,200

Year 1= 2,800 / 1.11 - 5,200= -2,677.47

Year 2= 3,700 / 1.11^2 - 2,677.47= 325.53

To be more specific:

(2,677.47 / 3,003)= 0.89*365= 325

The payback period is 1 year and 325 days.

B) Initial investment= $6,400

Year 1= 2,522.52 - 6,400= -3,877.48

Year 2= 3,003 - 3,877.48= -874.48

Year 3= 5,100 / 1.11^3 - 874.48= 2,854.6

To be more specific:

(874.48 / 3,729.1)= 0.23*365= 84

The payback period is 2 years and 84 days.

C) Initial investment= $10,400

Year 1= 2,522.52 - 10,400= -7,877.48

Year 2= 3,003 - 7,877.48= -4,874.48

Year 3= 3,729.1  - 4,874.48= -1,145.38

Year 4= 4,300 / 1.11^4 - 1,145.38= 1,687.16

To be more specific:

(1,145.38 / 2,832.54)= 0.40*365= 146

The payback period is 3 years and 146 days.

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